Schnitzer Steel CEO Tamara Lundgren's 2018 pay rises 3% to $9.1M
Schnitzer Steel reports 2018 executive compensation
By ExecPay News
Published: December 19, 2018
Schnitzer Steel reported fiscal year 2018 executive compensation information on December 19, 2018.
In 2018, five executives at Schnitzer Steel received on average a compensation package of $3.5M, a 6% increase compared to previous year.
Average pay of disclosed executives at Schnitzer Steel
Tamara L. Lundgren, Chief Executive Officer, received $9.1M in total, which increased by 3% compared to 2017. 47% of Lundgren's compensation, or $4.3M, was in non-equity incentive plan. Lundgren also received $110K of change in pension value and nonqualified deferred compensation earnings, $1.1M in salary, $3.5M in stock awards, as well as $84K in other compensation.
Richard D. Peach, Chief Financial Officer, received a compensation package of $2.7M, which increased by 12% compared to previous year. 40% of the compensation package, or $1.1M, was in non-equity incentive plan.
Michael R. Henderson, Senior Vice President and Co-President, AMR and CSS, earned $2.3M in 2018, a 13% increase compared to previous year.
Steven G. Heiskell, Senior Vice President and Co-President, AMR, received $1.9M in 2018, which increases by 7% compared to 2017.
Jeffrey Dyck, Senior Vice President and Co-President, CSS, earned $1.6M in 2018.
Schnitzer Steel's fiscal year ends on August 31.
Related executives
Tamara Lundgren
Schnitzer Steel
Chief Executive Officer
Richard Peach
Schnitzer Steel
Chief Financial Officer
Michael Henderson
Schnitzer Steel
Senior Vice President and President, Operations
Steven Heiskell
Schnitzer Steel
Senior Vice President and President, Products & Services
Jeffrey Dyck
Schnitzer Steel
Senior Vice President and Co-President, CSS
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Source: SEC filing on December 19, 2018.